40 Greystone Ct, Unit G

1,336 Sq. Ft.
$221 / Sq. Ft.
1,336
Sq. Ft.
$221
per Sq. Ft.

Description

Turnkey Investment Opportunity – 2 Bed, 2 Bath Condo with Tenant in Place + Rental Upside. Excellent opportunity for investors seeking immediate rental income with future growth potential. This well-maintained 2-bedroom, 2-bathroom condo is currently leased at $2,200/month, providing steady cash flow from day one, with market rents estimated around $2,600/month—offering clear upside. The unit features a bright, open layout with abundant natural light, a cozy wood-burning fireplace, and the convenience...Turnkey Investment Opportunity – 2 Bed, 2 Bath Condo with Tenant in Place + Rental Upside. Excellent opportunity for investors seeking immediate rental income with future growth potential. This well-maintained 2-bedroom, 2-bathroom condo is currently leased at $2,200/month, providing steady cash flow from day one, with market rents estimated around $2,600/month—offering clear upside. The unit features a bright, open layout with abundant natural light, a cozy wood-burning fireplace, and the convenience of an in-unit washer and dryer. The updated kitchen includes modern appliances, while recent upgrades such as a 2-year-old HVAC system and newer carpet (installed within the last 2 years) help minimize near-term maintenance costs. The spacious primary suite includes a private en-suite bathroom, and the second bedroom offers flexibility for tenants or future owner use. The unit also includes two assigned parking spaces, a highly desirable feature for both tenants and homeowners. Located in a well-maintained community with sought-after amenities including a pool and fitness center, this property is attractive to renters and equally appealing as a comfortable future residence—perfect for an investor today and homeowner tomorrow. Ideally situated with easy access to parks, shopping, and downtown, the location supports strong and consistent rental demand. Tenant in place—making this a true turnkey investment. Immediate income today with the potential to increase rents closer to market value.
  1. Listed by Ramtin M Zadeh • Long & Foster Real Estate, Inc.
    P: (301)-775-4236 ramtinz@comcast.net

Property Details for 40 Greystone Court, Unit G

Tax ID Number
020601890072590
Ownership
Condominium
Condo Coop Association
Yes
HOA
No
Entry Floor Number
2
Structure Type
Penthouse Unit/Flat/Apartment
Style
Colonial
Levels/Stories
1
LISTING UPDATED: 05/10/2026 08:09 PM

Property Details for 40 Greystone Court, Unit G

StatusActive
MLS #MDAA2142956
Days on Market25
Pet PolicyAllowed
Taxes$3,222 / year
HOA Fees-
Condo/Co-op Fees$315 / month
Property TypeCondo
MLS TypeResidential / Condo
Year Built1991
CountyAnne Arundel County

Location

Listing Courtesy of Long & Foster Real Estate, Inc.
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Building Information for 40 Greystone Court, Unit G

Building/Complex40 Greystone CtFloor-Stories-Residences1Pet PolicyAllowedPet Policy DetailsCase by Case BasisYear Built1991

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$2,054 per month

30 year fixed, 6.36% Interest

Principal and Interest

$1,470

Property Taxes

$269

HOA Dues

$315

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Property Information for 40 Greystone Court, Unit G

Location
Location
  • In City Limits: No
  • School District Name: ANNE ARUNDEL COUNTY PUBLIC SCHOOLS
  • School District County ID: 121140671932
  • County: ANNE ARUNDEL
Waterfront / Water Access
Waterfront / Water Access
  • Water View: No
  • Water Access: No
  • Water Oriented: No
  • Navigable Water: No
  • Tidal Water: No
  • Riparian Rights Y/N: No
Association / Community Info
Association / Community Info
  • Condo Coop Name: Metropolis Condo Association
  • Condo Coop Phone: 3017791800
  • HOA Condo Coop Fee Includes: Common Area Maintenance, Management, Pool(s), Reserve Funds, Road Maintenance, Snow Removal, Trash, Lawn Care Front
  • HOA Condo Coop Amenities: Club House, Fitness Center, Pool - Outdoor
  • Property Manager Y/N: Yes
  • Senior Community: No
  • Association Recreation Fee Y/N: No
  • Type of Condo: Condo/Coop Association
Taxes and Assessment
Taxes and Assessment
  • Tax Year: 2026
  • Tax Assessed Value: $240,400
  • Year Assessed: 2026
  • County Tax: $1,563
  • Improvement Assessed Value: $120,200
  • Land Assessed Value: $120,200
  • Front Foot Fee: $0
  • Front Foot Fee Payment Frequency: Annually
  • Agricultural Tax Due: No
  • Historic: No
  • Zoning: CONDOMINIUM VALUES
  • School Tax: $1,445
  • Tax Page Number: 133
  • Automatically Update Tax Values Y/N: Yes
Lease Information
Lease Information
  • Pets Allowed: Yes
  • Pet Restrictions: Cats OK, Dogs OK, Number Limit
Rooms
Main
  • # Bedrooms Count Main Level: 2
  • # Bathrooms Count Main Level: 2
  • # Bathrooms Full Main Level: 2
Rooms
  • Stories: Main
Building Info
Building Info
  • Year Major Reno Remodel: 2024
  • Total Finished SQFT: 1,336.00
Lot / Land Information
Lot / Land Information
  • Parcel ID: 15318741
  • Ground Rent Exists: No
Parking
Parking
  • Type Of Parking: Parking Lot
  • Parking Lot - # of Spaces: 2
  • Parking Features: Concrete Driveway
Interior Features
Interior Features
  • Interior Features: Bathroom - Tub Shower, Breakfast Area, Carpet, Combination Dining/Living, Dining Area, Floor Plan - Open, Kitchen - Island, Primary Bath(s), Wood Floors
  • Fireplace: Yes
  • Fireplaces Count: 1
  • Appliances: Built-In Microwave, Dishwasher, Disposal, Energy Efficient Appliances, ENERGY STAR Dishwasher, ENERGY STAR Refrigerator, Exhaust Fan, Oven/Range - Electric, Refrigerator, Washer/Dryer Stacked, Water Heater
  • Accessibility Features: 32"+ wide Doors
  • Laundry Type: Washer In Unit, Dryer In Unit
Exterior Features
Exterior Features
  • Spa: No
  • Pool: Yes - Community
  • Horse: No
Utilities
Utilities
  • Utilities: Cable TV Available, Phone Available, Water Available, Sewer Available, Electric Available
  • Heating: Yes
  • Cooling Type: Central A/C
  • Cooling Fuel: Electric
  • Heating Type: 90% Forced Air, Forced Air, Heat Pump(s)
  • Heating Fuel: Electric
  • Hot Water: Electric
  • Water Source: Public
  • Sewer Septic: Public Sewer
Confidential Data
Listing Office
  • List Agent AOR: Greater Capital Area Association of REALTORS
  • List Agent URL: www.MetroHomeHunters.com

Property History for 40 Greystone Court, Unit G

DateEvent & SourcePriceAppreciation
May 10, 2026

Price Change

BRIGHT #MDAA2142956

$295,000
Apr 28, 2026

Listed (Active)

BRIGHT #MDAA2142956

$310,000
Aug 14, 2020

Closed (Public Record)

Public Record #677152839

$202,500

+1.5% / yr

DateEvent & SourcePrice
05/10/2026

Price Change

BRIGHT #MDAA2142956

$295,000
04/28/2026

Listed (Active)

BRIGHT #MDAA2142956

$310,000
08/14/2020

Closed (Public Record)

Public Record #677152839

$202,500

+1.5% / yr

For completeness, we often displays two records for one sale: the MLS record and the public record.

Public Records for 40 Greystone Court, Unit G

Taxable ValueLand-Additions-Total-
Tax Record2023$2,782 ($232 / month)
Home Facts
Beds0Total Finished SqFt1,336 SqFtAbove Grade Finished SqFt1,336 SqFtLot Size1,336 SqFtStyleCondominiumYear Built1991CountyANNE ARUNDELAPN06-018-90072590Fireplace TypeHas Fireplace

Schools near 40 Greystone Court, Unit G

This home is within Anne Arundel County Public Schools.
Rating
School
Type
Grades
Distance
Public - PK to 5
Public - 6 to 8
Public - 9 to 12
Public - 9 to 12
Rating
School
Distance
Hillsmere Elementary School
PublicPK to 5

Annapolis Middle School
Public6 to 8

Annapolis High School
Public9 to 12

Studio 39
Public9 to 12

School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.

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40 Greystone Court, Unit G is a condo for sale in Annapolis, MD 21403. This property was listed for sale on April 28, 2026 by Long & Foster Real Estate, Inc., it's currently listed at $295,000. It has been on the market for a total of 25 days and was last sold on August 14, 2020. This listing's school district is Anne Arundel County Public Schools. Nearby schools include Hillsmere Elementary School, Annapolis Middle School and Annapolis High School. 40 Greystone Court, Unit G is a 2-bed, 2-bath, 1,336 sqft condo built in 1991.

No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of descriptions or measurements (including square footage measurements and property condition), such should be independently verified, and Compass, Inc., its subsidiaries, affiliates and their agents and associated third parties expressly disclaims any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. Offers of compensation are subject to change at the discretion of the seller. No financial or legal advice provided. Equal Housing Opportunity.

Listing Courtesy of Long & Foster Real Estate, Inc.

© 2026 Bright MLS. All rights reserved. All information is deemed reliable, but accuracy is not guaranteed. Listing information is from various brokers who participate in IDX and not all listings may be visible on the site. The property information being provided is for the consumer’s personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Data last updated on 05/10/2026 08:09 PM